Short Interest in Gores Holdings VII, Inc. (NASDAQ:GSEVW) Declines By 30.8%

Gores Holdings VII, Inc. (NASDAQ:GSEVWGet Rating) was the target of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totalling 900 shares, a decrease of 30.8% from the August 15th total of 1,300 shares. Based on an average daily volume of 22,300 shares, the days-to-cover ratio is currently 0.0 days.

Gores Holdings VII Trading Down 14.8 %

Shares of NASDAQ GSEVW opened at $0.16 on Friday. Gores Holdings VII has a 1 year low of $0.16 and a 1 year high of $1.65. The stock’s 50 day moving average price is $0.26.

Hedge Funds Weigh In On Gores Holdings VII

A number of large investors have recently bought and sold shares of the stock. P Schoenfeld Asset Management LP purchased a new position in Gores Holdings VII during the first quarter worth approximately $53,000. Greenhaven Road Investment Management L.P. purchased a new position in shares of Gores Holdings VII in the 1st quarter valued at $65,000. Clear Street LLC purchased a new position in shares of Gores Holdings VII in the 2nd quarter valued at $86,000. Aristeia Capital LLC purchased a new position in shares of Gores Holdings VII in the 1st quarter valued at $252,000. Finally, Highbridge Capital Management LLC raised its stake in shares of Gores Holdings VII by 1,001.4% in the 1st quarter. Highbridge Capital Management LLC now owns 536,282 shares of the company’s stock valued at $437,000 after acquiring an additional 487,591 shares during the period.

Further Reading

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